I will stick long Gold for the moment but like all I remain cautious to a setback.
We have some important figures this week and if the Trade Gap is anything worse than last month ( not expected) then I reckon Gold could get another run.
This horrendously worsening trade Gap is one of the largest contributing factors to the rise in the Gold price in my opinion.
This Weeks figs and Market expectations:
Monday
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Retail Sales expected: +.4 and Ex Autos Flat
Tuesday
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TRADE GAP : 62.7 vs 66.1 bln last month